Keeping your money safe and secure is a top priority when it comes to living in today’s world. You depend on your savings account and other investments to provide the necessities of life and prepare for retirement as well. Keeping these funds safe may seem like a pretty simple task when you consider the lengths that financial institutions take to assure your money is completely secure. Unfortunately we live in a world where not everyone is an honest hard working citizen. There are many dishonest individuals and groups of people who will attempt to scam you out of your hard earned money.

Nigerian 419 Letter & Scammer Stories

International fraud has been on the rise for the last decade. Many people make the mistake of trusting complete strangers with their money and losing it all. There are a handful of tactics that criminals are using to scam you out of your money. There is a large organized crime ring that is based in Nigeria with members operating in other African countries and around the world, in places like Europe and Canada. The way these criminals scam money from citizens in the United States is by sending an email or placing a phone call, stating that they are from the Nigerian government or some type of high ranking official. The correspondence will inform the individual that they are needed to assist in a large deposit ranging anywhere from ten to sixty million dollars.

Counterfeit Checks

Unfortunately individuals often freely hand over their banking information and other personal details that allow the criminals to wreak havoc on that persons finances. It is surprising to witness how trusting people can be with their very personal information. It is essential to keep this information extremely private and only trust those who you know have your best interests at heart. Many people are often bamboozled by check fraud as well. A check may arrive from overseas and you may deposit it into your account. Banks are required by law to make funds available from a check deposit within a specific number of days. However, it can take weeks sometimes to discover that a check is fraudulent. The scam usually involves you keeping a certain percentage of the check and then transferring the rest of the funds to an off shore account where the criminal can pick up the money from a location that is difficult to trace. You will be held accountable for the negative balance in your account that will appear after the check is discovered to be a fake.

Private Domestic & International Investigations & Security Services

Be smart with your banking information and personal details to avoid any type of overseas fraud. Criminals will go to almost every extreme to take your hard earned money away from you and into their pockets. For fraud investigations; whether here in the U.S or overseas, contact Advanced Private Investigator and Security of Miami FL today for more information.